#loss-mitigation

[ follow ]
#fha #mortgage-servicing #hud #housing-policy #ginnie-mae #delinquency-rates #mortgage-performance
Real estate
fromwww.housingwire.com
3 days ago

Ginnie Mae to pause counting FHA TPP loans as delinquent

Ginnie Mae will exclude FHA Trial Payment Plans from delinquency calculations due to rising rates, expecting normalization as new policies mature.
Real estate
fromwww.housingwire.com
1 month ago

VA urged to revise elements of proposed partial claim rules

VA Home Loan Program Reform Act establishes a new partial claim option for distressed borrowers, positioned as the seventh step in loss-mitigation procedures with retroactive eligibility to May 1, 2025.
Real estate
fromwww.housingwire.com
7 months ago

FHA extends loss-mitigation deadline for mortgage servicers

FHA replaced the pandemic-era loss-mitigation waterfall, added minor servicing changes, and set an Oct. 1 servicer deadline to protect the MMIF and taxpayers.
fromwww.housingwire.com
7 months ago

VA mortgage partial claim restoration faces timing challenges

President Donald Trump signed the VA Home Loan Program Reform Act in late July, adding a partial claim option to the VA's loss-mitigation waterfall. The move brings the VA's approach closer to that of the Federal Housing Administration (FHA) and the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac. It replaces both a partial claim program that sunset two years ago and the Biden administration's Veterans Affairs Servicing Purchase (VASP)
US politics
#hud
more#hud
Renovation
fromwww.housingwire.com
1 year ago

Industry reacts to FHA's loss mitigation changes

The Federal Housing Administration's recent changes to mortgage mitigation are seen as beneficial for borrowers and lenders alike.
Remodel
fromwww.housingwire.com
1 year ago

Farewell, COVID-19 loss mitigation waterfall

FHA will end relaxed COVID-era mortgage practices on Sept. 30, introducing stricter loss mitigation rules from Oct. 1.
[ Load more ]